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Added to YB: 2024-11-28

Pitch date: 2024-10-21

CHRD [bullish]

Chord Energy Corporation

-20.45%

current return

Author Info

No bio for this author

Company Info

Chord Energy Corporation operates as an independent exploration and production company in the United States.

Market Cap

$6.2B

Pitch Price

$122.38

Price Target

N/A

Dividend

6.16%

EV/EBITDA

2.63

P/E

7.13

EV/Sales

1.40

Sector

Oil, Gas and Consumable Fuels

Category

turnaround

Show full summary:
Carillon Eagle Small Cap Growth Fund Portfolio Holding: Chord Energy Corporation

CHRD: E&P co in Williston Basin. Recent underperformance due to oil price pressure & disappointing well data. Optimistic on mgmt's ability to drive efficiencies post-Enerplus acquisition, with potential synergy upside. 3-mile lateral strategy may boost shareholder returns.

Read full article (1 min)